Drilling & Rig Updates

In early 2025, Oil and Natural Gas Corporation (ONGC) reported a controlled gas leak incident at a drilling site in Sivasagar, Assam. The event occurred during routine drilling operations in the Rudrasagar oil field, one of ONGC’s key onshore assets in the Northeast region. This blog post explains what led to the ONGC gas leak […]

India’s leading oil and gas producer, Oil and Natural Gas Corporation (ONGC), has awarded multi-year drilling contracts to Aban Offshore and Jindal Drilling & Industries for the deployment of two jack-up rigs: Aban VIII and Jindal Explorer. These contracts highlight ONGC’s commitment to boosting offshore exploration and production activities. Aban VIII to Begin Operations by

Velesto Energy has scored a new win in Southeast Asia with a fresh offshore drilling contract for its NAGA 4 jack-up rig. The deal comes from Phu Quoc Petroleum Operating Company (PQPOC) in Vietnam, signaling Velesto’s growing presence in the regional drilling market. Over 40 Wells to Be Drilled Starting 2026 Under this newly signed

ADES, the Saudi-based drilling company, has renewed a long-term contract for one of its offshore jackup rigs that had been temporarily suspended by Saudi Aramco. The updated deal will run for a solid 10 years, marking a major step in restoring ADES’ fleet operations and strengthening its future revenue pipeline. Deal Worth an Estimated $290